[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 47 KB, 1100x520, BUYCORE.png [View same] [iqdb] [saucenao] [google]
22860829 No.22860829 [Reply] [Original]

CORE is a non-inflationary cryptocurrency that is designed to execute profit-generating strategies autonomously with a completely decentralized approach. In existing autonomous strategy-executing platforms a team or single developer is solely responsible for determining how locked funds are used to generate ROI. This is hazardous to the health of the fund as it grows, as it creates flawed incentives, and invites mistakes to be made. CORE does away with this dynamic and instead opts for one with decentralized governance.

CORE tokens holders will be able to provide strategy contracts and vote on what goes live and when, in order to decentralize autonomous strategy execution. 5% of all profits generated from these strategies are used to auto market-buy the CORE token.

=====================
Deflationary Farming
=====================

Farming tokens have a problem for their owners. To keep users farming, they have to mint ever more coins. This completely destroys the value of the underlying token, due to excessive inflation. It's easy to find examples of this across the DeFi ecosystem.

Our solution is called deflationary farming, and it is quite simple in only two steps:

1. Charge a fee on token transfers
2. Users can earn the fee by farming

This simple process means that those holding tokens are able to farm without infinite inflation.

=====================
Keeping Liquidity Liquid
=====================

All transfers have to be approved by the CORE Transfers smart contract, which will block all
liquidity withdrawals from Uniswap. This will guarantee a stable market, giving holders and farmers skin in the game.

=====================
10000 CORE Forever
=====================

Theres absolutely no way to create new CORE tokens. This means the
circulating supply can only ever go down, period.

>> No.22860838

>>22860829
This was yesterdays coin. What's todays coin?

>> No.22860848

>>22860838
ORB

>> No.22860880
File: 67 KB, 162x196, theneedful.png [View same] [iqdb] [saucenao] [google]
22860880

>>22860838
Wojak.feel honestly

>> No.22860908

>>22860829
Literally falling apart right now. Currently on a dead cat bounce. This is going back under $1k